17 new QFII A-share accounts opened in October, paper says

Qualified foreign institutional investors (QFII) opened 17 new A-share accounts on the Shanghai and Shenzhen stock markets in October, taking the total under the QFII scheme to 547, up 54.08 percent from the beginning of the year, the Securities Times reported Sunday, citing data from China Securities Depository and Clearing Corp. Ltd. The number of new accounts was the same as in September, compared with more than 20 each month from May to August. New QFII accounts have been opened each month for 22 months in a row as of October, the report said.

About US$1.3 billion has been invested in blockchain companies in the first five months this year, surpassing the amount of venture capital in the field for the whole of 2017, Crunchbase reports. A number of...

Chinese internet giant Tencent Holdings has led a funding round for NewsDog, an India-focused news aggregator app which some observers believe has the potential to grow into a scale comparable to China’s hugely popular...

JD.com, one of the leading e-commerce platforms in China, is leveraging on augmented reality (AR) technology to integrate online and offline shopping experience. It will introduce three AR-powered products: a makeup mirror, a dressing...

In recent years, China has become a major player in the global luxury M&A market. Increased consumer spending, driven by a growing middle class and newly created wealth, has created a significant incentive for...

The Trump administration is considering a proposal to impose new tariffs on imported vehicles, invoking a national security law that was used to impose tariffs on aluminum and steel, Reuters reports, citing people with...